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Tag Archives: MDA

Mississippi takes an incentives licking, keeps on ticking

By Jack Weatherly If the Pew Charitable Trusts gave Mississippi the stick in 2012, it seems to be trying the carrot this time. Mississippi economic development officials thought the respected independent nonprofit organization was harsh in its assessment of how the state was tracking its incentives. “It sounded like like they were unfairly indicting the model we were using,” senior ...

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MDA’s Christensen forecasts economic growth momentum continuing in 2015

Mississippi Development Authority Executive Director Brent Christensen foresees 2015 being a year when the state builds upon the strengthening economic activity of both the state and the nation in the past year. “As the national economy continues to rebound and strengthen, that momentum will continue to carry over,” Christensen said. “Companies are increasingly seeking new locations to expand as a ...

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U.S. Small Business Administration awards MDA funding for state trade and export promotion program

The U.S. Small Business Administration has awarded the Mississippi Development Authority funding for the Mississippi State Trade and Export Promotion Program. The STEP Program allows MDA to provide financial and technical assistance to small- and medium-sized Mississippi companies interested in growing their business through trade. Administered by MDA’s Trade Bureau, the program helps reduce some of the financial obstacles qualifying ...

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Former MDA employee, Jay McCarthy, returns as CFO

With 30 years experience in finance, banking and economic development, Jay McCarthy is prepared for his new position as chief financial officer for the Mississippi Development Authority. His experience has included previous stints with MDA along with work in the private sector. As chief financial officer, he oversees MDA’s Financial Resources and Accounting and Finance Divisions. In that capacity he ...

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Former MDA employee, Jay McCarthy, returns as CFO

With 30 years experience in finance, banking and economic development, Jay McCarthy is prepared for his new position as chief financial officer for the Mississippi Development Authority. His experience has included previous stints with MDA along with work in the private sector. As chief financial officer, he oversees MDA’s Financial Resources and Accounting and Finance Divisions. In that capacity he ...

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Moon River Foods creating 100 jobs in Mississippi Delta

JACKSON, Mississippi — Gov. Phil Bryant and officials from Moon River Foods announced today the company is locating a new fish processing operation in Baird, Miss., in Sunflower County. The project represents a corporate investment of $3 million and will create 100 new jobs. Working with contract fishermen licensed by the Mississippi Department of Wildlife, Fisheries, and Parks, Moon River ...

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MTM, Inc. locating medical transportation and call center operations in Jackson

JACKSON, Mississippi — Health care and transportation management company MTM, Inc. is locating non-emergency medical transportation and call center operations in Jackson. The project represents a $400,000 corporate investment and will create 80 new jobs. “I am glad to welcome MTM as the newest business partner to Mississippi and as the newest member of our growing health care economy,” Gov. ...

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BorgWarner expanding operations in Water Valley

WATER VALLEY — Officials from global powertrain supplier BorgWarner announced today the company is expanding operations in Water Valley to accommodate an increased demand for the company’s advanced transmission solutions. The project is the company’s fourth expansion in Water Valley. It represents a company investment of $43 million and will create 158 new jobs. Advanced transmission solutions produced at the Water Valley ...

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Two companies announce new jobs in Pontotoc

PONTOTOC — State and local officials gathered today as representatives from Brooks and Dehart Furniture Xpress, Inc. and Eaton Custom Seating announced they were investing in new and existing operations, respectively, in Pontotoc. The two companies are creating a total of 55 new jobs. Headquartered in North Carolina, Brooks and Dehart Furniture Xpress is a furniture-only logistics and delivery company. The ...

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